- Citigroup Inc. says its treasury and trade solutions unit is building a capability to allow consumers to make payments to institutions. Payment methods will include cards, e-wallets, and new bank-transfer services such as request to pay and open banking.
- Chosen Payments said Hudson Software Inc., developer of software for the ground-transportation industry, will offer its processing services to Hudson Software customers.
- Bill.com, a provider of payment software, launched an accounts-receivable sync feature for NetSuite users that lets them make cross-border payments with the same process they use for domestic payments.
- ACI Worldwide said it is providing payments services to the Internal Revenue Service via its OfficialPayments.com unit to enable consumer tax payments. ACI said it processed more than $20 billion in tax payments in the past 20 years for the IRS.
- Samsung Electronics Canada Inc. said it is working with the Canadian Credit Union Association to bring the Samsung Pay mobile-payments service to the association’s 240 members; the first is Steinbach Credit Union, which is offering the Interac Debit service with Samsung Pay.
- Book4Time, a software developer for wellness businesses, launched an all-in-one payment service built on First Data Corp.’s CardConnect technology.
- Mastercard Inc. plans to invest $300 million in Dubai-based Network International, the largest payment processor in the Middle East and Africa, as part of Network International’s planned initial public offering of stock, Reuters reported. Mastercard would have a 10% maximum stake in the processor under the plan.
- InComm Inc. said it will supply prepaid cards for a variety of online, console, and mobile gaming platforms for sale at WH Smith stores in the United Kingdom and on WH Smith’s Funkypigeon.com site.
- Digits LLC, a startup that has been developing a blockchain system that would allow credit and debit cards to function as cryptocurrency cards, said it has launched its core technology.
Facebook Inc.’s Calibra wallet will generate revenue for its parent by stimulating incremental advertising but …